Use the is-lm model to determine the effects of each of the, Ask an Expert

Economics

Use the IS-LM model to determine the effects of each of the following on the general equilibrium values of the real wage ,employment ,output ,real interest rate,consumption ,investment and price level

Explain and show graphs!

1. a reduction in the effective tax rate on capital increases desired investment

2. increased usage of automatic teller machines reduce the need for money

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92201878

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